Olivet Nazarene University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,702,856 | 1,286,802 | 1,416,054 | 185.9 | 0% |
| 2012 | 2,834,630 | 1,382,556 | 1,452,074 | 176.3 | 0% |
| 2013 | 3,601,219 | 1,313,068 | 2,288,151 | 211.1 | 0% |
| 2014 | 3,398,661 | 940,523 | 2,458,138 | 357.0 | 0% |
| 2015 | 5,026,767 | 1,565,838 | 3,460,929 | 217.9 | 0% |
| 2016 | 4,429,193 | 1,856,670 | 2,572,523 | 190.6 | 0% |
| 2017 | 3,565,346 | 2,224,655 | 1,340,691 | 179.0 | 1% |
| 2018 | 10,086,284 | 5,080,519 | 5,005,765 | 88.6 | 0% |
| 2019 | 8,826,624 | 5,163,626 | 3,662,998 | 98.4 | 0% |
| 2020 | 7,089,470 | 5,375,302 | 1,714,168 | 100.8 | 0% |
| 2021 | 10,459,416 | 5,679,597 | 4,779,819 | 122.6 | 0% |
| 2022 | 9,125,280 | 5,902,820 | 3,222,460 | 105.2 | 0% |
| 2023 | 8,245,158 | 6,071,171 | 2,173,987 | 116.5 | 0% |
In its most recent public year (2023), this organization brought in $2,173,987 more than it spent. Its reserves stood at about 116.5 months of spending, down from 185.9 in 2011. Staff pay was 0% of spending. $57,856,280 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Olivet Nazarene University Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works